GCT Gross Profit vs Depreciation And Amortization Analysis
| GCTS Stock | 2.55 0.17 7.14% |
GCT Semiconductor financial indicator trend analysis is much more than just examining GCT Semiconductor Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GCT Semiconductor Holding is a good investment. Please check the relationship between GCT Semiconductor Gross Profit and its Depreciation And Amortization accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GCT Semiconductor Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Gross Profit vs Depreciation And Amortization
Gross Profit vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GCT Semiconductor Holding Gross Profit account and Depreciation And Amortization. At this time, the significance of the direction appears to have very week relationship.
The correlation between GCT Semiconductor's Gross Profit and Depreciation And Amortization is 0.25. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of GCT Semiconductor Holding, assuming nothing else is changed. The correlation between historical values of GCT Semiconductor's Gross Profit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of GCT Semiconductor Holding are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., GCT Semiconductor's Gross Profit and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.25 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of GCT Semiconductor Holding minus its cost of goods sold. It is profit before GCT Semiconductor operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from GCT Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GCT Semiconductor Holding current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GCT Semiconductor Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, GCT Semiconductor's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 4,481 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.29 in 2024.
| 2021 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.5M | 968.4K | 1.0M | Interest Income | 4K | 4.6K | 2.8K |
GCT Semiconductor fundamental ratios Correlations
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GCT Semiconductor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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